NYC Democratic Socialists Push Hochul for Wealthy Tax Hike After 5 Primary Upsets
Updated
Updated · The New York Times · Jul 26
NYC Democratic Socialists Push Hochul for Wealthy Tax Hike After 5 Primary Upsets
3 articles · Updated · The New York Times · Jul 26
Summary
Democratic Socialists of America leaders in New York City have made a new push for higher income taxes on the wealthiest New Yorkers their next priority when Albany reconvenes in January.
Five incumbent defeats and two House primary wins helped drive the shift from campaign mode to policy pressure, with the group arguing its growing bloc can force a broader tax-the-rich fight.
Nine socialist state lawmakers failed to win Hochul’s backing earlier this year, settling instead for a narrower tax on multimillion-dollar second homes in New York City.
7,000 new members have joined the NYC chapter since Zohran Mamdani’s mayoral primary win last year, lifting membership to about 15,000 and strengthening its leverage against the centrist governor.